Tangem Partners with Visa for Innovative Crypto Payment Solution

Tangem and Visa Collaboration

Tangem AG, a leader in secure hardware wallet solutions, has partnered with Visa to create an innovative self-custodial payment solution. This development merges a hardware wallet with a Visa payment card, enabling users to transact seamlessly using crypto or stablecoin balances at any Visa-accepting merchant across Europe.

Self-Custodial Payment Solution

This cutting-edge solution distinguishes itself from traditional custodial methods by embedding a private key within the card's chip, requiring its physical presence for transactions. This feature ensures users maintain exclusive control over their digital assets, enhancing security.

Bridging Crypto and Traditional Finance

Tangem's partnership with Visa marks a significant step towards integrating cryptocurrency with conventional banking. Users gain the convenience of a standard bank card paired with the capabilities of a self-custodial crypto wallet, making it easier to access and manage both traditional and digital assets.

Tangem's Innovative Approach

Since its inception in 2017, Tangem has been at the forefront of digital asset management with its card-shaped self-custodial cold wallet. By 2021, it had introduced a bank card-shaped wallet, offering a seedless, multi-currency solution that supports over 6,000 cryptocurrencies. With over a million cards produced and no security breaches reported, Tangem continues to expand its reach globally, currently available in over 160 countries.

The Future of Decentralized Payments

Tangem's new solution signifies a step towards a decentralized future, offering users greater autonomy over their digital finances. Further updates on the release and availability of this groundbreaking technology are anticipated.